Saving Plans and Payment Structure

Kind Heart CICS is registered by the Oyo State Government. Our Registration Number is 27070.

This Table gives a simplified view of the cost implication of all available Saving Plans.

Please note that the penalty for default is to encourage prompt payment of contributions and not to punish any participant.

Study this table carefully so that you can understand all the available saving Plans and their associated cost implication.

Number of Accounts	Saving Plans	Cost of Registration of Plan (N) To be Deducted	Cost of 2 Weeks Payment (N)	Registration Cost + 2 weeks Contribution Payment (N)	Weekly Contribution in (N) for Plan	Weekly Default Cost (N)
1	Smart Saver 1	2000	2600	4600	1300	1000
2	Smart Saver 2	4000	5200	9600	2600	2000
3	Smart Saver 3	6000	7800	13800	3900	3000
4	Smart Saver 4	8000	10400	18400	5200	4000
5	Smart Saver 5	10000	13000	23000	6500	5000
10	Super Saver 10	20000	26000	46000	13000	10000
15	Super Saver 15	30000	39000	69000	19500	15000
20	Super Saver 20	40000	52000	92000	26000	20000
25	Super Saver 25	50000	65000	115000	325000	25000
30	Super Saver 30	60000	78000	138000	39000	30000
35	Super Saver 35	70000	91000	161000	455000	35000
40	Super Saver 40	80000	104000	184000	52000	40000
45	Super Saver 45	90000	117000	207000	58000	45000
50	Super Saver 50	100000	130000	230000	65000	50000
60	Diamond Saver 60	120000	156000	276000	78000	60000
70	Diamond Saver 70	140000	182000	322000	91000	70000
80	Diamond Saver 80	160000	208000	368000	104000	80000
90	Diamond Saver 90	180000	234000	414000	117000	90000
100	Diamond Saver 100	200000	260000	460000	130000	100000
125	Platinum Saver 125	250000	325000	575000	162000	125000
150	Platinum Saver 150	300000	390000	690000	195000	150000
175	Platinum Saver 175	350000	455000	805000	227000	175000
200	Platinum Saver 200	400000	520000	920000	260000	200000

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